ACC shares drop 0.87% as Sensex falls

Synopsis

A total of 35,186 shares changed hands on the counter till 12:25PM (IST)

Tech View
Analysts see 15,900 to continue to pose as the immediate resistance.
Shares of the ACC Ltd. traded at Rs 1754.7 on BSE at 12:25PM (IST) on Tuesday, down 0.87 per cent. The stock quoted a 52-week low price of Rs 1659.25 and a high of Rs 2784.95.

Earlier in the day, the stock saw a gap up opening.

At the prevailing price, the stock traded at 50.63 times its trailing 12-month EPS of Rs 34.58 per share and 2.91 times its book value, as per BSE data.

A total of 35,186 shares changed hands on the counter till 12:25PM (IST). The stock commands a market value of Rs 32878.73 crore and is part of the Cement - Pan India industry.

The scrip has been an underperformer , down 14.76 per cent in the past one year in comparison with a 6.28 per cent gain in Sensex.

During the day, the stock moved between Rs 1776.3 and Rs 1732.05.

Promoter/FII Holding
Promoters held 50.05 per cent in the company as of 31-Dec-2022. FII and MF ownership in ACC Ltd. stood at 11.96 per cent and 8.22 per cent, respectively.
Experience Your Economic Times Newspaper, The Digital Way!

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

...more
Pick the best stocks for yourself
Powered by